Debt Consolidation | Escape Debt Today - CreditRaters.com page
Sort by:
  • Loan Amount
    $1000 - $10000
  • Loan Term
    60 Months
  • APR Range
    34% - 155%
Net Credit
  • Personal Loans $1,000 - $10,000
  • Line of Credit up to $3,500
  • 14 States Covered
  • Loan Amount
    $1000 - $5000
  • Loan Term
    48 Months
  • APR Range
    29% – 299%
Loan Now
  • Lightning fast online applications
  • Funds typically deposited within 24 hours of acceptance
  • Repay the balance over multiple months to reduce each repayment
  • Loan Amount
    $100 - $1000
  • Loan Term
    30 Months
  • APR Range
    26.88% - 1303.57%
Amount $200, Finance Charge $35.20, APR: 229.43%, Repayment $235.20 on 30 days Lend Up
  • Loans available within 1 business day of acceptance
  • Multiple repayment options including debit card, MoneyGram and check
  • Clear your outstanding balance early without early repayment charges
  • Loan Amount
    $300 - $750
  • Loan Term
    6 Months
  • APR Range
    190%
Loan Amount $400, 120 days. Total of payments $569.88, APR 190%. Fig Loans
  • 9.7 TrustPilot Score
  • Instalment loans and credit lines
  • Fast acceptance rate
  • Loan Amount
    $100 - $1500
  • Loan Term
    12 Months
  • APR Range
    390%
Check Into Cash
  • Providing short term loans for more than 25 years
  • Excellent selection of short term loans
  • Outstanding customer service
  • Loan Amount
    $100 - $1000
  • Loan Term
    6 Months
  • APR Range
    618%
A $500 loan over a period of 182 days with 13 bi-weekly payments (every 14 days) would have a payment of $89.24 with an APR of 387.92%. Check City
  • Online and in store loans available
  • Payday loans from 1 – 40 days
  • Loans paid within 24 hours of acceptance
  • Loan Amount
    $1 - $2400
  • Loan Term
    35 Months
  • APR Range
    90% - 805%
Cash Net USA
  • Multiple products to choose from
  • Quick and easy online application
  • Instant decision and same day cash transfer available
  • Loan Amount
    $100 - $500
  • Loan Term
    24 Months
  • APR Range
    150% - 450%
24-month installment loan of $2,501 would require 24 monthly installments of $400.39 per month, which totals $9,609.36 when all is said and done. Cash Central
  • Competitively priced against similar short term loans
  • Confidential online service
  • Get a decision in seconds and funds in minutes (if accepted by 7.45pm EST Mon - Thur)
  • Loan Amount
    $100 - $2500
  • Loan Term
    9 Months
  • APR Range
    471% - 841%
Blue Trust Loans
  • A higher maximum borrowing limit of up to $2,500
  • Longer repayment periods of up to 10 months
  • Reduced fees of up to $16.00 per $100 borrowed
  • Loan Amount
    $200 - $1500
  • Loan Term
    18 Months
  • APR Range
    35% - 600%
Repay $1,000 over 13 bi-weekly payments at an APR of 344.85%, this would be made up of 12 payments of $175.95 and a final one off repayment of $175.08 upon completion. Big Picture Loans
  • Tribal status means they're able to offer their own lending terms without state restrictions
  • 91% of accepted applications paid within 24 hours
  • Customer service team available 24/7
  • Loan Amount
    $500 - $5000
  • Loan Term
    36 Months
  • APR Range
    187% - 412%
Borrow $2,000 for 12 months with a 19.9% representative APR and a monthly repayment of $183.63. Total repayment will be $2,203.56 Bad Credit Loans
  • Able to assist borrowers from all credit backgrounds
  • Loans are unsecured meaning none of your assets are at risk
  • Accepted loans typically deposited within 24 hours
  • Loan Amount
    $50 - $4000
  • Loan Term
    18 Months
  • APR Range
    400% - 521%
AmeriCash
  • Excellent customer service track record
  • Lightning fast online application
  • High acceptance rates
  • Loan Amount
    $100 - $5000
  • Loan Term
    12 Months
  • APR Range
    143% - 688%
Advance America
  • Lightning quick deposits
  • High acceptance rates
  • Broad range of lending products
  • Loan Amount
    $100 - $1500
  • Loan Term
    30 Months
  • APR Range
    214.62% - 611%
Ace Cash Express
  • More than 50 years of experience providing short term loans
  • Wide range of lending products available
  • Excellent customer service record
  • Loan Amount
    $2600 - $100000
  • Loan Term
    180 Months
  • APR Range
    13.33%
The Loan Exchange
  • Complete an application for free! Applying does not impact your credit score!
  • Select the offer that works best for you and save your offers for up to 30 days!
  • Your funds will be deposited right into your account in as little as one business day!
  • Loan Amount
    $500 - $5000
  • Loan Term
    18 Months
  • APR Range
    59% - 160%
Loan Amount $2000, 9 monthly payments of $395,58. Total of payments $3,560.22, APR 160%. OppLoans
  • Get approved today with an easy online loan application!
  • Once approved, receive money in your account as soon as the next business day!
  • Payday loans average an APR of 400%. Compare to maximum 199% APR offered through OppLoans!
  • Loan Amount
    $400 - $50000
  • Loan Term
    24 Months
  • APR Range
    521.43% - 1173.21%
Representative Example: If you borrow $5,000 on a 36 month repayment term and at a 10% APR, the monthly repayment will be $161.34. Total repayment will be $5,808.24. Total interest paid will be $808.24. Honest Loans
  • Submit to borrow up to $50,000!
  • Works with wide range of lenders!
  • Friendly and fast loan broker!
  • Loan Amount
    $100 - $5000
  • Loan Term
    6 Months
  • APR Range
    18.23%
Representative Example: If you borrowed $5,000 over a 48 month period and the loan had a 8% arrangement fee ($400), your monthly repayments would be $131.67, with a total pay back amount of $6320.12 which including the 8% fee paid from the loan amount, would have a total cost of $1720.12. Representative 18.23% APR. Credit Clock
  • Same day credit available!
  • Lends to most states in America!
  • Repay your loan early anytime!
  • Loan Amount
    $100 - $5000
  • Loan Term
    12 Months
  • APR Range
    18.23%
Representative Example: If you borrowed $5,000 over a 48 month period and the loan had a 8% arrangement fee ($400), your monthly repayments would be $131.67, with a total pay back amount of $6320.12 which including the 8% fee paid from the loan amount, would have a total cost of $1720.12. Representative 18.23% APR. Money Lender Squad
  • New 2019 American loan broker!
  • Access over 30 lenders in 1 application!
  • Low APR rates and cheap monthly installments!
  • Loan Amount
    $100 - $5000
  • Loan Term
    12 Months
  • APR Range
    18.23%
Representative Example: If you borrowed $5,000 over a 48 month period and the loan had a 8% arrangement fee ($400), your monthly repayments would be $131.67, with a total pay back amount of $6320.12 which including the 8% fee paid from the loan amount, would have a total cost of $1720.12. Representative 18.23% APR. Viva PaydayLoans
  • No previous credit history required!
  • Same day funding as quick as 10 minutes!
  • All employment types considered, even military!

It’s commonplace for people to regularly shop around for better deals on their credit cards and insurance plans, but when was the last time you thought about finding a more competitive loan rate?

One of the most common reasons that people end up with debt that they can’t afford to repay is because they’re saddled with interest rates that are simply too expensive.

Since installment loans generally come with a higher rate of interest than traditional personal loans, picking up a lower rate can have a significant impact on the overall amount you’ll end up repaying.

Let’s take a closer look at how debt consolidation loans work and how you can get a great rate on your next line of credit today.

How Do Debt Consolidation Loans Work?

Debt consolidation loans give you the opportunity to bring together some or all of your outstanding credit into one, convenient monthly repayment with the added incentive of a more competitive interest rate.

Once you’ve calculated how much debt you wish to consolidate and have received your loan, you can use these funds to clear off your other debts, bringing all balances under one umbrella.

You’ll then repay this loan exactly as you would any other personal loan with the ultimate goal of clearing your credit balances together.

Whenever you’re looking at loans to consolidate debt, it’s also a great opportunity to look at your existing financial circumstances and ensure that your loan is structured to clear your debt quickly and affordably.

This doesn’t just mean extending the term to reduce payments. If your financial situation has improved since taking out your original credit, it may now be more beneficial to increase your repayments, reduce your term and ultimately bring down the total amount repaid across your loans.

What Can I Use Debt Consolidation Loans For?

Whenever you’re combining debt together, remember that you’ll be used funds from the new loan to clear existing lines of credit. Some of the most common debts that people clear with debt consolidation loans include:

They aren’t typically used for larger debts such as mortgages. In this instance it’s more common to seek out a standard remortgage or refinancing of other debt secured against your property.

Am I Eligible For Loans To Consolidate Debt?

To be eligible for debt consolidation loans, you’ll need to fulfil the following legal conditions to be considered.

This list is by no means exhaustive and each lender will ask you to meet their own unique eligibility requirements when you apply. You may be asked to provide additional documents to support your application such as your Social Security Number, pay slips, photographic identification or utility bills.

Can I Apply For Debt Consolidation Loans With Bad Credit?

Yes! There are thousands of specialist bad credit lenders who deal with debt consolidation loans. If you’ve been refused credit elsewhere the good news is that there are plenty of other lenders ready to say yes.

In fact, it’s a great idea for those who struggle to manage credit to wrap their existing debts into one payment. It makes it far easier to administer and will help you to keep on top of a simpler debt repayment structure rather than overseeing multiple monthly repayments.

How Can I Apply For Debt Consolidation Loans?

Applying for loans for debt consolidation is now easier than ever before thanks to online comparison services which can help you to compare debt consolidation loans in minutes.

Before starting your search for debt consolidation loans, it’s essential that you first gather together all of the information you can on your existing debts. Some of the details you’ll want to make specific note of will include:

It’s also worth thinking about whether any additional cash would benefit you at this time as this additional borrowing can also be built into your new loan application.

Once you’ve established the total amount you wish to consolidate, it’s time to work out a suitable repayment term. Most lenders and online comparison sites will allow you to play around with different terms so you can see in real time how this will affect your monthly repayments.

Its now time to compare loans to consolidate debt by providing a little more information about you and your final circumstances. Most applications will ask for your:

Once you’ve finalised your application, your chosen lender will come back with an instant decision on the loans for debt you’ve applied for. If accepted, funds will typically be transferred into your account within 24 hours, leaving you to clear your other debts and get your finances back on track.